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Essays on common-property resource management and environmental regulation.


Description

With some common-property natural resources, cooperative behavior by resource users persists over a long period. The first essay of this thesis presents a noncooperative dynamic game with overlapping generations of players using a common-property resource. This study analyzes how inequality among resource users and their access to outside markets influence the feasibility of cooperation as an equilibrium of the game. The model predicts that, depending on the agents' harvest sharing rule, the conditions under which homogeneous agents can cooperate in equilibrium may not be sufficient for cooperation when agents differ in harvesting productivity. It also suggests that integration of local commons to the outside market economy may have a negative effect on efficient local resource management.